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For a Given Seller, the Accompanying Figure Shows the Relationship

Question 114

Multiple Choice

For a given seller, the accompanying figure shows the relationship between the number of units produced and the opportunity cost of producing an additional unit of output. What is this seller's reservation price for the 250ᵗʰ unit? For a given seller, the accompanying figure shows the relationship between the number of units produced and the opportunity cost of producing an additional unit of output. What is this seller's reservation price for the 250ᵗʰ unit?   A) $2 B) $4 C) $8 D) $14  


A) $2
B) $4
C) $8
D) $14

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